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  1. Budget primary surplus confirmed at 2.75 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In total, a 6.3 percent fall in expenditure was noted, coming to 7.25 billion or 112 million lower than the target. This was mainly driven by a fall in grants to hospitals and YPE-PEDY by 147 million

    4%

  2. Eurosystem funding drops by 2.80 bln in February, led by ELA reduction

    EconomyMacroeconomy

    , the decline was driven largely by a fall in Emergency Liquidity Assistance (ELA) funding by 2.37.... The majority of this fall (71.71 billion) comes from a lower reliance on ELA funding. The decline

    4%

  3. General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion euros. ​This was driven by a combination of a fall in interest paid (-613 million), subsidies... by 2.41 billion to 28.20 billion. The fall was almost entirely driven by a 2.37 billion euro

    4%

  4. February current account deficit at 1.29 bln as underlying balances worsen
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent for an absolute sum of 3.86 billion. The services balance recorded a fall of 15.2 percent... a fall of 7 million euros from the figure for the same time last year which stood at 6.56 billion.

    4%

  5. Newsletter 163 -25/05/2018

    Newsletters

    the fall in bond yields that the government was looking for. Mitsotakis denied that New Democracy had.../A deficit worsened by 52.7 million euros to stand at 2.84 billion. This was driven by a combined fall

    4%

  6. Newsletter 164 -01/06/2018

    Newsletters

    to fall and would allow New Democracy and other opposition parties to argue that the SYRIZA leader’s... billion euros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase

    4%

  7. Banks meet NPE targets in Q1 but mortgage reductions remain slow

    EconomyMacroeconomy

    behind the overall reduction in NPEs was a fall in corporate loans. Corporate NPEs came to 53.9 billion... remained subdued with a quarterly fall of only 0.3 percent. The overall reduction of NPEs achieved

    4%

  8. Trade deficit drops by 4.6 pct in April as export activity remains strong
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit fell by 4.6 percent in April, slowing from March’s contraction of 23.1 percent but continuing to fall, according to data from the Hellenic Statistical Authority (ELSTAT.... The aggregate figure for the first four months of the year showed a YoY fall of 15.1 percent

    4%

  9. New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month

    EconomyMacroeconomy

    billion. Month-on-month, this marks a fall of 363 million euros. The figure was driven by legacy... governments. The total fall in legacy arrears was outstripped by the 554 million increase in effective

    4%

  10. Trade deficit down by 15.8 pct in May on reduced imports, higher exports
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    . The deficit stood at 1.47 billion euros for the month. May's decline marks the fifth consecutive fall... figure for the first five months of the year pointed to a YoY fall of 15.2 percent in the trade

    4%